ShippingWatch

Western Bulk: Improvement will be gradual and cautious

Even though dry bulk performed slightly better at Western Bulk in the second quarter, a stable market is still a long way off, CEO Jens Ismar tells ShippingWatch.

CEO of Norwegian carrier Western Bulk, Jens Ismar, is not holding any punches in his analysis of the dry bulk market after the carrier published its second quarter interim report last week.

"It hasn't been as bad in the past 30 years as it's been these past six months," he tells ShippingWatch, thus echoing the sad reports issued by several of Western Bulk's competitors.

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